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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest and Dividend Income        
Interest and fees on loans $ 9,201 $ 7,591 $ 17,975 $ 14,198
Interest on investment securities 291 242 557 413
Dividends on investment securities 128 93 249 175
Other interest income 270 19 421 83
Total interest and dividend income 9,890 7,945 19,202 14,869
Interest Expense        
Interest on deposits 1,997 1,129 3,654 2,118
Interest on Federal Home Loan Bank borrowings 502 183 759 261
Interest on senior debt 228 228 457 457
Interest on subordinated debt 112 89 211 174
Interest on note payable 10 8 17 17
Total interest expense 2,849 1,637 5,098 3,027
Net interest income 7,041 6,308 14,104 11,842
Provision (Credit) for Loan Losses 50 260 235 (1,489)
Net interest income after provision (credit) for loan losses 6,991 6,048 13,869 13,331
Non-interest Income        
Loan application, inspection and processing fees 12 15 20 36
Deposit fees and service charges 132 146 266 295
Gains on sale of loans 66 66
Rental Income 83 91 167 185
Loss on sale of investment securities (78)
Other income 93 97 189 188
Total non-interest income 386 349 708 626
Non-interest Expense        
Salaries and benefits 2,854 2,497 5,623 4,927
Occupancy and equipment expense 776 807 1,517 1,582
Data processing expense 322 326 639 446
Professional and other outside services 457 550 1,029 1,202
Merger and tax initiative project expenses 592 1,115
Advertising and promotional expense 59 111 137 185
Loan administration and processing expense 30 14 43 23
Regulatory assessments 298 163 550 342
Insurance expense 53 56 108 115
Communications, stationary and supplies 110 103 223 190
Other operating expense 410 387 768 696
Total non-interest expense 5,961 5,014 11,752 9,708
Income before income taxes 1,416 1,383 2,825 4,249
Provision for Income Taxes 380 579 724 1,715
Net income $ 1,036 $ 804 $ 2,101 $ 2,534
Basic earnings per share (in dollars per share) $ 0.27 $ 0.21 $ 0.54 $ 0.65
Diluted earnings per share (in dollars per share) $ 0.26 $ 0.21 $ 0.54 $ 0.65